Office Space - For Sale
4 Terry Drive Newtown, PA 18940
Details & Description
Price: $799,000
  • Property Type Office for Sale : Professional
  • Lot Size Acres 5.000
  • Building Sq Ft 5,864
  • Building Price per Sq Ft $136.26
  • Land Sq Ft 217,800
  • Land Price per Sq Ft $3.67
Exceptional opportunity to acquire a turn-key office condominium in Newtown, Bucks County. This 5,864 SF, 2-level office suite is located in The Atrium at Newtown, a centrally located office park within Newtown Business Commons. Floor plan/reconfiguration flexibility exist as a result of the original clear span design. As an added bonus, the space can be easily converted for medical office uses as it was once home to a thriving medical practice. All plumbing lines were professionally capped in place within the wall cavity and remain available as necessary. Convenient access to New York-Princeton-Philadelphia via I-95, Rt. 1, and the PA/NJ Turnpikes. Property is also available for lease.
Property Highlights
Additional Photos
Listing Agents
Glenn Gaines
KW Commercial
O: 215-995-0191
M: 267-322-1888
glenngaines@kwcommercial.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

4 Terry Drive

Newtown, PA 18940

Listing ID: 267752
$799,000
For Sale
  • Property Type Office for Sale : Professional
  • Lot Size Acres 5.000
  • Building Sq Ft 5,864
  • Building Price per Sq Ft $136.26
  • Land Sq Ft 217,800
  • Land Price per Sq Ft $3.67
  • 4 Terry Drive Newtown, PA 18940 | for Sale | Photo 1
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Property Highlights
 Turnkey professional office space
 Former Medical Office makes for simple reversion for medical use
 5,864 SF over 2 floors
 Quick access to major transportation hubs
 Flexible floor plan design options with clear span construction
 Prominent exterior signage
 Professionally maintained exterior landscape
 Central and convenient location
 Ample parking with ramp access
Description

Exceptional opportunity to acquire a turn-key office condominium in Newtown, Bucks County. This 5,864 SF, 2-level office suite is located in The Atrium at Newtown, a centrally located office park within Newtown Business Commons. Floor plan/reconfiguration flexibility exist as a result of the original clear span design. As an added bonus, the space can be easily converted for medical office uses as it was once home to a thriving medical practice. All plumbing lines were professionally capped in place within the wall cavity and remain available as necessary. Convenient access to New York-Princeton-Philadelphia via I-95, Rt. 1, and the PA/NJ Turnpikes. Property is also available for lease.

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Philadelphia History of Office Space for Sale

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Newtown Area Market Trends

Listing Demographics for 4 Terry Drive Newtown, PA 18940

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population6,49747,276120,005
Population Median Age454343
Population by Age0-9 Yrs564 (8%)4568 (9%)12021 (10%)
10-19 Yrs708 (10%)5543 (11%)15017 (12%)
20-29 Yrs521 (8%)4406 (9%)11780 (9%)
30-39 Yrs721 (11%)5654 (11%)13425 (11%)
40-49 Yrs719 (11%)5488 (11%)14045 (11%)
50-59 Yrs1169 (17%)8084 (17%)20439 (17%)
60-69 Yrs1110 (17%)7482 (15%)17706 (14%)
70+ Yrs985 (15%)6051 (12%)15573 (12%)
Median HH Income$117,042$120,873$117,067
Total Household Income< 24K189 (6%)1303 (6%)3565 (7%)
25-49K323 (11%)1914 (10%)5158 (11%)
50-74K368 (13%)2532 (13%)5591 (12%)
75-99K309 (11%)2202 (11%)5280 (11%)
100-199K962 (34%)6269 (33%)15400 (33%)
200K+659 (23%)4666 (24%)10455 (23%)
Highest Education LevelNo Diploma739772955
Diploma or GED645497715937
Some College636419811771
Assoc. Degree40223536404
Bachelors Degree17161164026563
Higher Degree15341057522645
Total Housing Units2,96319,61247,351
--Owner-Occupied2,20015,37237,895
--Renter-Occupied6083,5137,554
Owner-Occupied Values< 100K24139609
100-199K1516481756
200-299K24428677365
300-399K41131729116
400-499K54836618346
500K+821488610702
Total Working Age Population5,55939,24099,084
In Work Force3,68926,87765,704
Not In Work Force1,87012,36333,380
Workforce Employed3,57325,89663,172
Workforce Unemployed1169792,500
Civlian Workforce3,68926,87465,672
Military Workforce0332
Total Households2,80818,88545,449
Family Households1,90813,37233,368
Non-Family Households9015,51312,081
Married Couple1,64811,47228,597
Other Family2601,9004,771
Married w/Child6374,37910,985
Single Male w/Child18187529
Single Female w/Child457241,542

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
New Jersey8,414,350+48,791,894+49,132,700+49,530,900
Burlington County423,394+6448,7340450,000+3464,900
Mercer County350,761+4366,513+3379,000+5397,400
Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
Bucks County597,635+5625,249+1629,420+1637,730

Total Working Age Population:

Total Households:

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Philadelphia International Airport (PHL) 30
Newark Liberty International Airport (EWR) 51
John F Kennedy International Airport (JFK) 66